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APPENDIX MID RANGE PLAN FISCAL YEARS 2012–2015 SEPTEMBER 8, 2011.

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Presentation on theme: "APPENDIX MID RANGE PLAN FISCAL YEARS 2012–2015 SEPTEMBER 8, 2011."— Presentation transcript:

1 APPENDIX MID RANGE PLAN FISCAL YEARS 2012–2015 SEPTEMBER 8, 2011

2 SPT Cash Flow by Division 2

3 SPT Gross Overhead 3

4 SPT Net Overhead 4

5 International Produced Program Line-Up 5

6 6

7 U.S. Production – Current Program Lineup More than 1,600 episodes produced per year 7

8 U.S. Production – New Series Investment & Development Detail 8

9 U.S. Production – Major Contributors 9

10 U.S. Production – Major Contributors (Year-Over-Year) 10

11 U.S. Production – Series Volume Assumptions 11

12 U.S. Ad Sales – Worldlink Acquisition Opportunity SPT has an opportunity to expand and strengthen its DR capabilities through an investment in Worldlink Ventures, a leading independent direct response (“DR”) market rep firm – SPT currently sells DR for SPT’s newly launched US channels, including FearNet, Sony Movie Channel, and various top syndicated shows, and DR inventory is expected to expand rapidly with launch of more channels in future – Worldlink is a recognized leader in DR and can help significantly strengthen SPT’s capabilities Founded in 1997 by leading industry executive Toni Knight, Worldlink provides DR services to a cross- platform network of over 200 media outlets around the world – Sells broadcast, cable, satellite and syndication television inventory as well as radio, print and online – Represents a diverse group of clients, including Fox, Comcast, Directv, This TV and others – Generates ~$10MM in annual revenues and ~$3MM EBITDA or ~30% margin An investment in Worldlink by SPT would be highly strategic for both partners – Worldlink would expand SPT’s DR sales force with a larger dedicated team – SPT would expand Worldlink’s international footprint through leveraging SPT’s global channel network – Opportunity to jointly drive growth of Worldlink through new and growing platforms for DR (i.e., digital networks, online and gaming) – Anticipate a $18-20MM investment for an 80% stake in Worldlink, an implied enterprise valuation of $22-25MM or appr. 7.5x to 8.5x EBITDA reflecting a control premium and potential earnouts 12

13 U.S. Ad Sales – Worldlink Acquisition Opportunity 13


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